Tathastu Realty’s ₹500 crore affordable housing project in Sector 22, Rewari, is set to generate over ₹1,000 crore in revenue, highlighting sustained demand for budget homes in emerging NCR markets. The development, comprising 3,354 flats priced at around ₹30 lakh each, has witnessed robust interest with more than 8,000 applications, underscoring the continued appeal of affordable housing among first-time buyers and middle-income families despite a broader slowdown in new launches.

Launched in October 2025, the project saw the allotment process begin in February and is expected to be delivered by December 2029.

The development comprises 2,753 units under Tathastu I and 601 units under Tathastu II, with pricing aligned to Haryana’s affordable housing policy guidelines. The flats are priced at ₹4,500 per sq. ft. for a 645 sq. ft. unit, along with an additional 100 sq. ft. balcony priced at ₹1,200 per sq. ft., taking the overall cost of each flat to about ₹30 lakh.

The project received more than 8,000 applications for the 3,354 flats, reflecting strong demand from first-time homebuyers and middle-income families. The allotment process has been completed through the prescribed draw system as per applicable norms.

Real estate analysts said the strong response comes amid a slowdown in new affordable housing launches across NCR markets over the past two years, with rising land and construction costs constraining supply while new developments have largely focused on premium housing.

Commenting on the response, Neeraj K. Mishra, Executive Director, Tathastu Realty, said, “The response reflects the sustained aspiration for homeownership among families looking for quality housing at accessible price points. It also highlights the continued relevance of affordable housing in emerging markets like Rewari.”

Industry observers also pointed to improving connectivity and regional growth in Rewari as key demand drivers, positioning the city as an affordable alternative to major NCR centres.

Experts said the strong response underscores that affordable housing continues to remain a key demand driver in the region’s residential real estate market.

Tathastu Realty is a subsidiary of Ganga Realty and is focused on developing affordable housing projects along with high street commercial developments in Sohna (Sectors 5 and 35) and Rewari (Sector 22).